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Municipal Debt

Anaylst: Broke Cities Could Cause The Next Financial Crisis

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The next major financial crisis could come from a crisis in local government budgets, according to a new report from analyst Meredith Whitney. State ...

City Outsources Everything: An Act Of 'Municipal Genius'?

nytimes.com | DAVID STREITFELD | Posted 05.25.2011 | Business

While many communities are fearfully contemplating extensive cuts, Maywood says it is the first city in the nation in the current downturn to take an ...

Small Investors and the Implications of the Financial Reform Bill

Irene Aldridge | Posted 05.25.2011 | Business
Irene Aldridge

While traditional brokers blame the investor exodus from the markets on the latest technological innovations, many investors have taken out their cash out of stocks for more prosaic reasons.

JPMorgan, Lehman, UBS Named In Muni Bid-Rigging Conspiracy

bloomberg.com | Posted 05.25.2011 | Business

JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-ma...

New Priorities for Mayor Bloomberg's Third Term

Carol Kellermann | Posted 05.25.2011 | New York
Carol Kellermann

If Mayor Bloomberg is to preserve the legacy of his first two terms he must adopt different fiscal policies. He must reduce the immense and escalating cost of the payroll, as well as the burden of municipal debt.

Finally, a Craigslist for Government Assets

Michael Likosky | Posted 05.25.2011 | Business
Michael Likosky

If you're looking for a good deal on public assets, Allen & Overy LLP, a leading international law firm, has a product for you.